The Boeing Company $BA Stock Position Lifted by Waycross Partners LLC

Waycross Partners LLC raised its stake in The Boeing Company (NYSE:BA) by 3.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 197,486 shares of the aircraft producer’s stock after buying an additional 6,324 shares during the quarter. Boeing accounts for about 3.5% of Waycross Partners LLC’s holdings, making the stock its 8th biggest position. Waycross Partners LLC’s holdings in Boeing were worth $42,878,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the stock. First Heartland Consultants Inc. raised its holdings in shares of Boeing by 1.1% during the fourth quarter. First Heartland Consultants Inc. now owns 4,062 shares of the aircraft producer’s stock worth $882,000 after acquiring an additional 43 shares in the last quarter. N.E.W. Advisory Services LLC grew its stake in Boeing by 3.1% in the third quarter. N.E.W. Advisory Services LLC now owns 1,540 shares of the aircraft producer’s stock valued at $332,000 after purchasing an additional 46 shares in the last quarter. Motco increased its position in Boeing by 5.4% in the 3rd quarter. Motco now owns 921 shares of the aircraft producer’s stock worth $199,000 after purchasing an additional 47 shares during the last quarter. Encompass Wealth Advisors LLC increased its position in Boeing by 0.9% in the 3rd quarter. Encompass Wealth Advisors LLC now owns 5,045 shares of the aircraft producer’s stock worth $1,089,000 after purchasing an additional 47 shares during the last quarter. Finally, Jacobsen Capital Management raised its stake in shares of Boeing by 4.6% during the 3rd quarter. Jacobsen Capital Management now owns 1,070 shares of the aircraft producer’s stock worth $231,000 after purchasing an additional 47 shares in the last quarter. Institutional investors and hedge funds own 64.82% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Weiss Ratings raised Boeing from a “sell (d-)” rating to a “hold (c-)” rating in a research note on Wednesday, February 4th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Boeing in a research report on Tuesday, December 9th. Zacks Research upgraded shares of Boeing from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 2nd. Morgan Stanley set a $245.00 target price on shares of Boeing in a research report on Wednesday, January 28th. Finally, Jefferies Financial Group restated a “buy” rating on shares of Boeing in a research note on Wednesday, March 4th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, five have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, Boeing currently has an average rating of “Moderate Buy” and a consensus price target of $248.86.

Insider Activity

In other Boeing news, EVP Uma M. Amuluru sold 1,503 shares of the company’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $233.78, for a total transaction of $351,371.34. Following the completion of the sale, the executive vice president directly owned 19,015 shares in the company, valued at $4,445,326.70. This represents a 7.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Ann M. Schmidt sold 6,281 shares of the stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $243.37, for a total value of $1,528,606.97. Following the sale, the senior vice president owned 13,978 shares of the company’s stock, valued at approximately $3,401,825.86. The trade was a 31.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 21,012 shares of company stock valued at $4,980,687 over the last three months. Corporate insiders own 0.10% of the company’s stock.

Boeing News Summary

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Europe’s aviation regulator (EASA) signaled improving ties with the U.S. FAA and said Boeing is responding appropriately to scrutiny — a reduction in transatlantic regulatory friction could ease delivery and certification risks that have previously pressured BA. Europe’s aviation agency touts improving ties with FAA, Boeing
• Positive Sentiment: Korean Air said it plans to buy 103 Boeing planes through 2039 (about $36.2B list value) — a large order that boosts Boeing’s future backlog and revenue visibility for commercial jets. Korean Air plans 103 Boeing plane purchases
• Positive Sentiment: Hedge funds and some institutional investors are adding BA exposure, suggesting conviction among “smart money” that Boeing’s operational recovery and backlog will drive upside over time. Hedge Funds are Loading Up on Boeing
• Neutral Sentiment: Coverage noting the stock “slid” even as relations improve highlights mixed market sentiment — some investors may be taking profits or rotating out despite constructive regulatory news. “Trustful Partners” Boeing Stock Slides as European Relations Improve
• Neutral Sentiment: Longer-term space/defense program coverage (e.g., NASA lunar plans) could be incremental upside for Boeing’s defense and space segment but is unlikely to move near-term share price materially. NASA $20 Billion Moon Base and Artemis Launch
• Negative Sentiment: The FAA opened a probe into a near-miss involving a U.S. Army Black Hawk helicopter and a United-operated Boeing 737 — renewed safety and regulatory scrutiny can pressure deliveries, certifications and sentiment. FAA Probing Close Call Between Black Hawk Helicopter, Boeing 737
• Negative Sentiment: Reports that Boeing lost a Chinese carrier deal (with China Eastern buying from Airbus) highlight ongoing competitive pressure in key markets, offsetting some of the new-order positives. Boeing Stock Slides Despite Huge New Order

Boeing Stock Performance

Shares of NYSE BA opened at $190.57 on Friday. The business’s 50-day simple moving average is $227.92 and its 200-day simple moving average is $217.09. The company has a debt-to-equity ratio of 8.37, a quick ratio of 0.40 and a current ratio of 1.19. The Boeing Company has a 52 week low of $128.88 and a 52 week high of $254.35. The firm has a market cap of $149.67 billion, a price-to-earnings ratio of 94.81 and a beta of 1.14.

Boeing (NYSE:BA) last announced its earnings results on Tuesday, January 27th. The aircraft producer reported $9.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.40) by $10.32. The company had revenue of $23.95 billion for the quarter, compared to the consensus estimate of $22.41 billion. During the same period in the previous year, the company earned ($5.90) EPS. The firm’s revenue for the quarter was up 57.1% compared to the same quarter last year. As a group, equities research analysts expect that The Boeing Company will post -2.58 earnings per share for the current fiscal year.

Boeing Profile

Boeing Company (NYSE: BA) is an American multinational corporation that designs, manufactures and services commercial airplanes, defense systems, and space and security technologies. Founded in 1916 by William E. Boeing in Seattle, the company today operates as an integrated aerospace and defense contractor with a global customer base. Boeing relocated its corporate headquarters to Arlington, Virginia in 2022 and maintains extensive engineering, manufacturing and service operations across the United States and around the world.

Boeing’s principal lines of business include Commercial Airplanes, which produces and supports a range of jetliners used by airlines globally; Defense, Space & Security, which develops military aircraft, rotorcraft, surveillance and reconnaissance systems, satellites, and launch and missile systems; and Boeing Global Services, which provides aftermarket maintenance, training, spare parts, digital analytics and logistics support.